ISLAMABAD - Minister of State and Chairman Board of Investment Saleem H Mandiwalla Tuesday said that special economic zone (SEZ) was being set up with attractive incentive package for investors and the government would approve the enactment of zone policy. He stated this while talking to a nine-member Chinese delegation headed by Jamshaidullah, General Manager M/s Rimedyne Refrigeration System Co Ltd. Mandviwalla welcomed the Chinese delegation and appreciated the Chinese companies and businessmen in Pakistan. He highlighted the policy parameters of investment in Pakistan. He underlined the policy, which allows 100 per cent foreign equity in the major sectors and full repatriation of profits and dividends in all the sectors. It was further explained that the average rate of return is almost 30 per cent and in some cases up to 50 per cent. Tariq Iqbal Puri appreciated the delegation for commitment to bring Chinese delegation to Pakistan in future and further strengthening a strong link between Pakistan and China. He assured to extend all possible assistance required to them. Jamshaidullah expressed his keen interest in direct sale for their CNG buses and looking for a joint venture partner in Pakistan. He sought a piece of land in Islamabad for parking of buses, which was agreed by the representative of CDA on lease basis after submission of the feasibility study to CDA for consideration. The representative of CDA showing them different chunk of land available with them for different purposes also made a presentation. The representatives of M/s DART, a management consultant company, highlighted the auto industry policy with incentives available to manufacturers of auto industry covered under different SROs. The Chinese delegation committed to export 30 CNG buses in the first phase for Islamabad, while CDA informed that it needed 500 CNG buses for Islamabad.